MIT Sloan Management Review Article on Game-Changing Strategies for Corporate Boards

Corporations spend tremendous resources finding the right board members. They hire professional recruitment firms tasked with scouring the earth for candidates, while board members spend their time and energies determining the “fit” of potential contenders.

So much goes into this recruitment process that it is often mistaken for an actual onboarding process (but more on that later). Much is at stake in terms of legal and fiduciary responsibilities — yet, once the right candidate is selected, relatively little attention is paid to creating the conditions within the board to extract the distinctive knowledge of its new members.

About the Author

Morela Hernandez is an associate professor of business administration at the Darden School of Business at the University of Virginia. The Darden School is on Twitter @dardenmba. Links to Hernandez’ work are online at morelahernandez.com.

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